NOT LISTED FOR SALE

15552 E Palatial Dr Fountain Hills, AZ 85268

Estimated Value: $1,386,000 - $2,306,869

4 Beds
4.5 Baths
4,087 Sq Ft
$487/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $1,450,000 $355 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $11,017/month

Highlights

  • Heated Spa
  • 1.24 Acre Lot
  • Fireplace in Primary Bedroom
  • Fountain Hills Middle School Rated A-
  • Mountain View
  • Vaulted Ceiling

About This Home

As of March 2020

ALMOST COMPETE NEW CUSTOM HOME,SINGLE LEVEL HOME UNDER CONSTRUCTION.(CURRENTLY AT COUNTER TOP STAGE) TOO MANY FEATURES TO MENTION HERE, STUNNING PANORAMIC VIEWS, GREAT LOCATION. POOL & SPA. MUST SEE TO APPRECIATE. RANDAL FORSBERG BROKER OWNS DAC, INC. THE BUILDER AND IS RELATED TO OWNERS OF CTS PROPERTIES LLC

Last Agent to Sell the Property

Randal Forsberg

Homes4You, L.L.C. License #BR006514000 Listed on: 02/08/2020

Last Buyer's Agent

Susan Pellegrini

MCO Realty License #BR542334000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 1.24 Acre Lot
  • Desert faces the front and back of the property
  • Wrought Iron Fence
  • Front Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Garage ceiling height seven feet or more
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 4,087 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 4.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Easy To Use Faucet Levers
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Accessible Home Design

  • Bath Scalding Control Feature
  • Accessible Kitchen
  • Accessible Hallway
  • No Interior Steps
  • Stepless Entry

Eco-Friendly Details

  • Energy Monitoring System
  • Mechanical Fresh Air

Pool

  • Heated Spa
  • Play Pool
  • Fence Around Pool
  • Pool Pump

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Foothills Elementary School - Phoenix
  • Fountain Hills Middle School
  • Fountain Hills High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Trestle Management Association, Phone Number (480) 422-0888
  • Built by DAC, INC.
  • Replat Of Palatial Estates Lot 17 To 19 Subdivision

Listing and Financial Details

  • Tax Lot 17A
  • Assessor Parcel Number 176-13-988

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,235

Year Built

Built in 2016 | Under Construction

Lot Details

0

HOA Fees

$157 per month

Parking

4

Listing Details

  • Cross Street: SHEA BLVD AND PALATIAL DR
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Community Facilities District: N
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 157.0
  • Basement: N
  • Cooling HVAC SEER Rating: 15
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2016
  • Spa Private: Yes
  • Tax Year: 2015
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.24
  • Subdivision Name: REPLAT OF PALATIAL ESTATES LOT 17 TO 19
  • New Construction: No
  • Efficiency: Energy Audit, Fresh Air Mechanical, Multi-Zones
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 157.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Windows:Low-E: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Possible Use: None
  • Spa Features: Heated, Private
  • Appliances: Gas Cooktop, Water Purifier
  • Accessibility Features: Zero-Grade Entry, Bath Scald Ctrl Fct, Bath Lever Faucets, Accessible Hallway(s), Accessible Kitchen
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Family Room, Master Bedroom, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, No Interior Steps, Soft Water Loop, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4087.0
  • Stories: 1
  • Window Features: Low-Emissivity Windows, Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Reverse Osmosis: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Library-Blt-in Bkcse: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Built-in Barbecue
  • Lot Features: Desert Front, Natural Desert Back, Gravel/Stone Back, Auto Timer H2O Back, Irrigation Front
  • Pool Features: Play Pool, Variable Speed Pump, Fenced, Heated, Private
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted, Stone
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Under Construction
  • Roof: Tile
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Under Construction: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Garage Door Opener, Over Height Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Parking Features:Over Height Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Pvt Water Company
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 157.0
  • Association Fee Frequency: Monthly
  • Association Name: PALATIAL ESTATES
  • Phone: 480-422-0888
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 400.0
  • Association Fees:HOA Paid Frequency: Monthly
  • Association Fees:HOA Name4: PALATIAL ESTATES
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: TRESTLE MANAGEMENT
  • Association Fees:HOA Management Phone: 480 422 0888
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Foothills Elementary School - Phoenix
  • High School: Fountain Hills High School
  • Junior High Dist: Fountain Hills Unified District
  • Middle Or Junior School: Fountain Hills Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 54090.0
  • Parcel #: 176-13-988

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: DAC, INC.

Tax Info

  • Tax Annual Amount: 1234.66
  • Tax Book Number: 176.00
  • Tax Lot: 17A
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Mar 2, 2020
Sold by
Paul Michael W and Paul Diane Kay
Bought by
Miller Kelvin R and Miller Ellen S
Seller's Agent
Randal Forsberg
Homes4You, L.L.C.
Buyer's Agent
Susan Pellegrini
MCO Realty
List Price
$1,450,000
Sold Price
$1,450,000
Current Estimated Value
$1,989,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,290
Avg. Annual Appreciation
5.77%
Original Mortgage
$950,000
Outstanding Balance
$842,949
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,146,341

Purchase Details

Closed on
Jun 4, 2018
Sold by
Vargo Clarissa
Bought by
Vargo Jason

Purchase Details

Listed on
May 2, 2016
Closed on
Sep 1, 2016
Sold by
Cts Properties Llc
Bought by
Paul Michael W and Paul Diane Kay
Seller's Agent
Randal Forsberg
Homes4You, L.L.C.
Buyer's Agent
Dori Wittrig
RE/MAX Sun Properties
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$1,000,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Riverserdge Racing Stable Ltd
Bought by
Cts Properties Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miller Kelvin R $1,450,000 Old Republic Title Agency
Vargo Jason -- Accommodation
Paul Michael W $1,250,000 First American Title Ins Co
Cts Properties Llc $170,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kelvin R $950,000
Previous Owner Paul Michael W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2020 03/09/20 Sold $1,450,000 0.0% $355 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $1,450,000 +16.0% $355 / Sq Ft
10/04/2016 10/04/16 Sold $1,250,000 -7.4% $306 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
07/07/2016 07/07/16 Price Changed $1,350,000 +3.8% $330 / Sq Ft
05/02/2016 05/02/16 For Sale $1,300,000 -- $318 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,380 $93,289 -- --
2024 $5,163 $88,846 -- --
2023 $5,163 $154,000 $30,800 $123,200
2022 $5,053 $135,420 $27,080 $108,340
2021 $5,491 $128,060 $25,610 $102,450
2020 $5,388 $123,420 $24,680 $98,740
2019 $5,483 $92,060 $18,410 $73,650
2018 $5,461 $90,820 $18,160 $72,660
2017 $1,264 $19,530 $19,530 $0
2016 $1,114 $18,765 $18,765 $0
2015 $1,235 $19,584 $19,584 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Randal Forsberg

    Homes4You, L.L.C.

    (602) 616-8749

    1 in this area

    1 Total Sale

    Randal Forsberg
    Section Image
  • Susan Pellegrini

    Buyer's Agent in 2020

    Susan Pellegrini

    MCO Realty

    (480) 315-1555

    104 in this area

    139 Total Sales

    Susan Pellegrini
    Section Image
  • Karen DeGeorge

    Buyer Co-Listing Agent in 2020

    Karen DeGeorge

    Russ Lyon Sotheby's International Realty

    (480) 225-3766

    257 in this area

    316 Total Sales

    Karen DeGeorge
    Section Image
  • Dori Wittrig

    Buyer's Agent in 2016

    Dori Wittrig

    RE/MAX

    (480) 837-9801

    154 in this area

    176 Total Sales

    Dori Wittrig
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6047996

Arizona Regional Multiple Listing Service (ARMLS)

APN: 176-13-988

Arizona Maricopa County Fountain Hills 85268

15552 E Palatial Dr, Fountain Hills, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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